Multi State Tax Compliance - Chicago Fire v Atlanta United - Game 2

October 21, 2018Fusion CPA

Atlanta United is hosting the Chicago Fire for the second time this year. This means that the state of Georgia will be able to collect state tax obligations from all of the active Chicago Fire players again. These tax contributions are very beneficial to the state of Georgia's economy and can help fund very important public services. Our Atlanta jock tax CPAs have projected the top six earning Chicago Fire players approximate Georgia state tax obligations.

An athlete’s state tax obligation formula: [(The athlete's salary) / (number of games in the season that is played in the state) * (state tax percent)]

According to Spotrac.com the 6 top earning players and their salaries are:

Bastian Schweinsteiger makes~ $6.1MM

Aleksandar Katai makes~ $1.276MM

Dax MacCarty makes~ $712K

Johan Kappelhof makes~ $595K

Michael de Leeuw makes~ $589K

Tony Tchani makes~ $353K

We already know that there are 34 games in the MLS season, and Atlanta United has hosted the Chicago Fire for one of those games so far. Since we know that the Georgia state tax is calculated at 6% we can now project how much the 6 highest Chicago Fire players will owe the state of Georgia.

Bastian Schweinsteiger will owe Georgia ~ $21,529

Aleksandar Katai will owe Georgia ~ $4,505

Dax MacCarty will owe Georgia ~ $2,515

Johan Kappelhof will owe Georgia ~ $2,100

Michael de Leeuw will owe Georgia ~ $2,080

Tony Tchani will owe Georgia ~ $1,247

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